Tuesday, November 5

PNB Scam: Bollywood Actress Priyanka Chopra may cancel the contract with Nirav Modi

As per the media reports, Bollywood leading actress Priyanka Chopra may consider the termination of the contract with Nirav Modi. The famous actor who featured in one of the advertisement campaigns of Nirav modi, seeking legal opinion to terminate her contract with the brand, the actor’s spokesperson said on Thursday.

After the PNB 11400 crore scam, reports surface that Priyanka chopra alleged Nirav Modi for not paying the advertisement amount for promoting the brand. Actor Sidharth Malhotra was also featured in the same advertisement with Priyanka.

Chopra’s spokesperson said in a statement, “There are speculative reports that Priyanka Chopra has sued Nirav Modi. This is not true. However, she is currently seeking legal opinion with respect to terminating her contract with the brand in light of allegations of financial fraud against Nirav Modi.”

Actor Sidharth Malhotra said since his contract is already over with the brand he is not planning any legal action.

The prime suspect Nirav Modi is the founder of Firestar Diamond and was included in the list of Forbes Billionaires of India 2013 at 63rd position. Nirav Modi also turns out to be the nephew of Mehul Choksi, the owner of Geetanjali, who was booked along with him in the first PNB bank case. His diamonds are both flaunted by Hollywood as well as Bollywood stars.

The Enforcement Directorate (ED) has registered a money laundering case in connection with the Rs 280-crore cheating of Punjab National Bank (PNB) allegedly by diamantine Nirav Modi and others, on the basis of a CBI FIR.

After the case, it has also been revealed that PNB had received a capital infusion from the government and the bank was to also receive over Rs 5000 crore.

As per now, Twelve properties are being searched, including Nirav Modi’s home in Mumbai’s Kurla, his jewellery boutique in Kala Ghoda, and showrooms in Chanakyapuri and Defence Colony in Delhi.